The European Investment Bank (EIB) is providing a EUR 340 million long-term loan to finance the upgrading of the local public transport system in North Rhine-Westphalia. The funds will be used to purchase 82 new double-deck electric trains offering better energy efficiency, greater capacity and special barrier-free passenger comfort for the Rhine-Ruhr Express (RRX) project.
RRX is North Rhine-Westphalia’s most important rail project. Promoted by the four neighbouring transport associations VRR, NWL, NVR and SPNV Nord, it consists of interconnecting the Rhine-Ruhr region with a network of six lines, whose backbone will be the Cologne-Düsseldorf- Duisburg-Essen-Dortmund-Hamm corridor. Alongside the EIB, KfW IPEX-Bank and Landesbank Hessen-Thüringen (Helaba) will also be financing the project.
Photo: http://www.rrx.de
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